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WorksheetsLet's See what You know
Total questions: 50
Worksheet time: 27mins
What are the 4 key elements of Communication? (7MG.A.1) *
a) Speaking, Listening, writing, and reading
b) arguing, writing, listening, & negotiating
c) planning, listening, reading, and negotiating
d) planning, listening, reading, and writing
Which of the following is a soft skill? (7MG.A.1)
automotive skills
carpentry skills
computer skills
communication skills
Which of the following terms best describes communicating without the use of words?
written communication
non-verbal communication
professional communication
verbal communication
What is the first step in the problem-solving process? (7MG.A.1)
implement a solution
setting and implementing goals
defining and analyzing the problem
evaluating the solutions
Which of the following statements best defines marketing? (7MG.B.2)
selling goods and services
making goods and services
planning, pricing, promoting, distributing, and selling goods and services
marketing is purchasing goods and services and selling those goods and services
What are the three economic benefits of marketing? (7MG.B.2)
new products, lower prices, and added value
new products, higher prices, and added value
improved products, added value and higher profits
new products, higher prices, higher profits, and utility
Which of the following terms is defined as dividing the market into smaller more manageable parts? (7MG.B.2)
marketing
marketing Mix
marketing Concept
market segmentation
Which of the following are the 4 parts of the marketing mix? (7MG.B.2)
product, place, price, and promotion
planning, price, place, and product
product, profits, place, and promotion
planning, pricing, promoting, and distributing
Which of the following are the 4 factors of production? (7MG.B.2)
price, labor, capital, and promotion
price, product, promotion, and profit
land, labor, capital, and entrepreneurship
land, labor, government, and entrepreneurship
Which of the following terms is defined as satisfying customers while making a profit? (7MG.B.2)
marketing
marketing Mix
marketing Concept
market segmentation
What term is used to describe potential customers buying products to use in their business operation or for resale?
consumer market
industrial market
private consumers
private market segments
Which of the following terms is defined as the specific group of customers whose needs and wants a company will focus on satisfying?
market concept
target market
market plan
marketing mix
Which of the 4 Ps of marketing is a tv commercial an example of?
place
price
product
promotion
Which of the 4 Ps of marketing is being applied when Walmart charges $19.99 for an item? (7MG.B.2)
price
place
product
promotion
Which function of marketing is Walmart using when they put a new ad on a billboard? (7MG.C.3)
selling
pricing
distributing
promoting
Which of the following functions of marketing does Apple demonstrate when they make improvements to the Iphone every 6 Months?
promoting
financing
Product Service Management
marketing information management
Which of the following functions is Walmart using when they transport and store products in a warehouse?
promoting
distribution
product service management
marketing information management
What function of marketing is Chick Fil A using when they ask customers to complete their customer feedback survey?
promoting
distribution
product service management
marketing information management
What function of marketing is Silver-Mart Jewelers demonstrating when they borrow money from Bank of America to expand their business?
promotion
financing
product service management
marketing information management
What function of Marketing is being used when Shane Co. Jewelry store comes out with a new radio advertisement to inform customers of its Black Friday deals?
selling
promotion
product service management
marketing information management
Which function of marketing is defined as providing customers with the goods and services they want in exchange for money?
pricing
selling
financing
distributing
What function of marketing is being used when Amazon stores their products in a warehouse?
pricing
selling
financing
distributing
What are the sources for new product ideas? (7MG.D.4)
customers, the brain, competitors, and channel members
customers, employees, competitors, and family members
customers, commercials, competitors, and family members
customers, employees, competitors, and channel members
Which function of marketing involves making decisions about the features and services of a product or idea that will help sell that product?
distribution
product service management
customer relationship management
marketing information management
What is the least profitable stage of the product life cycle?
growth
decline
maturity
Introduction
What is the most profitable stage of the product life cycle?
growth
decline
maturity
introduction
What term best describes making changes to the features, color, or size of a company's existing product? (7MG.D.4)
line creation
line extension
product modification
new product development
What term best defines all the different products that a company makes or sells?
product mix
product item
product width
product depth
Walmart sells a variety of computers in their stores. Which of the following terms best defines the category of product (computers) that Walmart sells?
product mix
product line
product item
product width
In which stage of the product life cycle is the goal to increase product awareness?
growth
decline
maturity
introduction
Which of the following are the three purposes of giving a presentation?
to inform, to argue, and to persuade
to inform, to express, and to persuade
to argue, to express, and to entertain
to inform, to impress, and to debate
Which of the following best defines co-curricular?
activities that are designed to reinforce what is taught in the classroom
a program that takes place after school such as cheerleading and basketball
club activities done inside of school hours but have no connection to what is taught in the classroom.
activities done outside of school hours by students but have no connection to what is taught in the classroom.
What year was DECA founded? (7MG.E.6)
1946
1976
2006
1994
Which of the following terms best defines a document that summarizes an individual's job history, education, career goals, and experience?
resume
cover letter
job application
customer profile
Which of the following things should you do in a job interview to make a good first impression? (7MG.E.7)
chew gum
avoid eye contact
be courteous and give a firm handshake
give long and drawn out answers to appear smart
What types of skills are extremely important for an applicant to use effectively during an employment interview?
Occupational
Communication
Management
Educational
All of the following are skills and qualities you can mention on a resume, EXCEPT:
friendly
punctual
fast learner
popular
What does the term 'market segmentation' refer to in marketing?
Dividing a market into distinct sections of customers with different needs, characteristics, or behaviors
Increasing the market size by entering new segments
Combining several market segments to reduce marketing costs
Ignoring differences among market segments to focus on a single product
What type of market data is represented by customers' age, income, education, and occupation?
Demographic
Geographic
Psychographic
Motivation
Customer profiles can lead to marketing success becuase you understand who is most interested in the company's product or service
True
False
What are factors of production?
The way in which a society organizes the production and distribution of goods and services
A system of exchanging goods and services
The way resources are gathered in order to produce goods and services
A person who has the idea of a business and gathers all the resources to start one
Market segment
Specific selling goals set for members of the sales force
A group of people who share the same characteristic(s) (e.g., age, nationality, gender)
Sales forecasting that predicts sales for periods of less than three months; used to aid in day-to-day decision making regarding planning, scheduling, staffing, inventory, etc.
The stages through which goods and services move from the time they are introduced on the market until they are taken off the market
Which of the following is NOT listed as a factor influencing demand?
Consumer preferences
Government regulations
Income levels
Future price expectations
What is the primary reason for the existence of scarcity?
Unlimited human wants and limited resources.
Limited human wants and unlimited resources.
Equal distribution of resources.
Overproduction of goods and services.
Which of the following is an example of a capital resource?
A factory building
A plot of land
A worker's skills
A natural forest
A good, service, or idea that is created for the purpose of satisfying a need or a want
Marketing mix
Place
Product
Price
Which of the following is a key component of a marketing strategy?
Financial auditing
Market research
Employee training
Product manufacturing
